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Moto Morini Files For Bankruptcy

24
September
2009
  Posted at 10:30:00 AM
  File under  News
  Author: Mike Werner
  Location: Normandy, France
click to see where Italy is on the map

Moto Morini logo
Yet another motorcycle manufacturer who has not been able to makes ends meet during the financial and economical crisis. Italian motorcycle manufacturer Moto Morini Open link in a new window has filed for bankruptcy protection.

They have not been able to meet the employee salaries for this month, despite selling more motorcycles for the first 8 months compared to last year. But still, they ran into financial problems, and are now closing down.

Moto-Morini-2009-lineup

It's a bit unsettling to hear about all these smaller brands shutting down. Shortly we'll only have the bigger manufacturers.....

Not good... Crying Smiley

Via: Motoblog



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